Taxpayers may deduct lobbying expenses incurred to influence legislation if the legislation is of direct interest to the taxpayer's trade or business.

Name: Taxpayers may deduct lobbying expenses incurred to influence legislation if the legislation is of direct interest to the taxpayer's trade or business.
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Lobbying expenses are generally not deductible, even if the legislation is directly related to the taxpayer's trade or business, as per IRS regulations.

Taxpayers May Deduct Lobbying Expenses Incurred to Influence Legislation If